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BP, I need your help. I am hearing contrasting thoughts on this....If I qualify for an FHA 203K loan and I am able to find a property under market value... can I buy it, fix it up, move my family in, and after a year ...
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Howdy BP Invstonauts!I need some suggestions as this is the first time I have been in this situation. A little background, I recently purchased and rehabbed a new rental only later to find out that I have the neighbor...
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OK, have a home built 1925 and we are closing tomorrow. Needed to get insurance that includes 100% replacement value. The home is brick. Great condition, except they want $2k+/year to insurance including $5k deductibl...
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Has anybody here ever built an efficiency in order to supplement their mortgage as an investment strategy? The Miami market is very bullish, and multi-family units are hard to come by in my price range. The problem is...
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My wife Angie and I embarked on our Subto journey three years ago, and the transformation it has brought to our lives is nothing short of remarkable. As seasoned real estate agents and owners of a small brokerage in C...
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HI GUYS. I AM FROM LONG ISLAND NY. I WANT TO BUY A HOUSE TO RENT WHICH NEEDS REPAIR. IF I WANT TO MOVE SOME WALLS WITHIN THE HOUSE, DO I NEED TO CONTACT THE TOWN FOR PERMISSION? OR IS IT BETTER NOT TO SAY ANYTHING? IN...
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Any savvy RE-friendly Lenders in my area (Eastern Washington)? Need to pick your brain. I have just passed my first year as a self-employed and looking to get my second property. However, I cannot go with the traditio...
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Hello all!First rental hit the market 3 days ago and I've been swamped with interest; it's a great problem to have but now I've got questions.First question is in regards to adverse action letters. Since their credit ...
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A cost segregation study was performed on this auto repair shop in Nevada with a depreciable cost basis of $1,250,000. The property is 2 stories and 15,000 square feet and was constructed in 2005. The repair shop incl...
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Hi - I wanted to do a cost segregation study on my property - what is be best and cheapest option to do one? Is there an online DIY place I can do it?Thanks